Multiple Choice
Answer the question on the basis of the following table: 
Refer to the table.If an additional lump-sum tax of $20 were imposed,we would expect:
A) equilibrium GDP to fall by $30.
B) equilibrium GDP to fall by $20.
C) equilibrium GDP to fall by $50.
D) equilibrium GDP to rise by $24.
Correct Answer:
Verified
Correct Answer:
Verified
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